3. DISCONTINUED OPERATIONS

12 Months Ended

Sep. 30, 2023

Discontinued Operations and Disposal Groups [Abstract]

3. DISCONTINUED OPERATIONS

The Company determined to make available for sale the asset groups related to its energy segment due to its strategic shift to strictly focus on its bitcoin mining operations. As a result, the energy segment's results of operations have been reclassified as discontinued operations on a retrospective basis for all periods presented. Accordingly, the assets and liabilities of this segment are separately reported as “assets and liabilities held for sale” as of September 30, 2023 and 2022 in the consolidated balance sheets. The results of operations of this segment, for all periods, are separately reported as “discontinued operations” in the consolidated statements of operations and comprehensive loss. Provided below are the key areas of the financials that constitute the discontinued operations:


	September 30, 2023		September 30, 2022
ASSETS
Current assets
Accounts receivable, net	$	126	$	2,813
Inventory		319		4,400
Prepaid expense and other current assets		—		213
Total current assets held for sale	$	445	$	7,426

Property and equipment, net		—		11
Operating lease right of use asset		—		665
Intangible assets, net		—		869
Long-term assets held for sale	$	—	$	1,545

Total assets held for sale	$	445	$	8,971

LIABILITIES
Current liabilities
Accounts payable and accrued liabilities	$	978	$	919
Contract liabilities		—		117
Operating lease liability		197		163
Total current liabilities held for sale		1,175		1,199
Long-term liabilities
Operating lease liability, net of current portion		—		512
Total liabilities held for sale	$	1,175	$	1,711


	For the twelve months ended
	September 30, 2023			September 30, 2022
Revenues, net
Energy hardware, software and services revenue	$	158		$	9,667
Total revenues, net		158			9,667

Costs and expenses
Cost of revenues (exclusive of depreciation and amortization shown below)		936			8,711
Professional fees		115			116
Payroll expenses		426			4,911
General and administrative expenses		413			1,641
Impairment expense - fixed assets		—			32
Impairment expense - intangibles		—			1,402
Impairment expense - other		4,181			872
Impairment expense - goodwill		—			7,001
Depreciation and amortization		—			2,215
Total costs and expenses		6,071			26,901

Loss from operations	$	(5,913	)	$	(17,234	)

Other income (expense)
Gain on disposal of assets		1,508			—
Interest expense		(24	)		(3	)
Total other income (expense)		1,484			(3	)

Loss before income tax (expense) benefit		(4,429	)		(17,237	)
Income tax benefit (expense)		—			—
Net loss attributable to common shareholders	$	(4,429	)	$	(17,237	)